Shayan, a digital nomad and professional journalist, reports on the recent developments in the cryptocurrency market. The market has seen a rise in the price of Ethereum (ETH) following the Securities and Exchange Commission’s (SEC) approval of a spot Bitcoin ETF. This has led analysts to predict a similar approval for an Ethereum ETF. However, […]
Despite US sanctions, crypto mixer Tornado Cash has continued its operations, reportedly laundering over $500 million worth of crypto in 2023, according to data provided by blockchain security firm SlowMist. The US imposed sanctions on the crypto mixer in 2022, but this did not deter the service from laundering over $550 million in crypto the […]
BlackRock CEO Larry Fink has recognized the potential of an Ethereum ETF in the United States, marking a significant development following the successful launch of their Bitcoin ETF. Fink, in an interview, lauded the successful trading debut of BlackRock’s Bitcoin ETF, IBIT, which garnered an impressive $1.05 billion in trading volume. This feat surpassed the […]
Larry Fink, CEO of BlackRock Inc., the world’s largest asset manager, is making significant strides in the cryptocurrency market. Initially focusing on Bitcoin, Fink is now turning his attention to Ethereum.In a recent appearance on CNBC, Fink discussed BlackRock’s focus on infrastructure, which he described as a “macro trend.” He also addressed the company’s investments […]
Crypto giant Coinbase has unveiled a strategic partnership with Yellow Card, a service for cryptocurrencies in Africa. This move is a significant step in Coinbase’s expansion strategy, aiming to establish a substantial presence in 20 African countries. The primary objective of this alliance is to provide millions of people with access to prominent dollar-pegged crypto […]
Rebel Satoshi, a new entrant in the cryptocurrency market, has seen a 100% price increase during its presale phase, with its token $RBLZ starting at $0.01 and rising to $0.025 in the Early Bird Round. The ongoing Citizens Round 3 has seen the cryptocurrency reach $2 million in funding. As Rebel Satoshi prepares for its […]
BlackRock’s Chief Executive Officer, Larry Fink, has publicly acknowledged the potential of Ethereum-based exchange-traded funds (ETFs). In a recent interview with CNBC, Fink expressed his belief in the value of an Ethereum ETF.BlackRock, the world’s largest asset manager, with a staggering US$10 trillion in assets under management, understands the importance of Ethereum ETFs. These funds […]
Genesis Global Trading, a cryptocurrency firm, has agreed to a settlement with the New York Department of Financial Services (NYDFS). As part of the settlement, the company has relinquished its right to operate within the state. The NYDFS has clarified that the settlement impacts Genesis Global Trading, which is a separate entity from Genesis Global […]
Genesis Global Trading, a subsidiary of Digital Currency Group, has been ordered to pay an $8 million fine and surrender its BitLicense, according to the New York Department of Financial Services (NYDFS). The penalty comes as a result of significant failings in the crypto platform’s anti-money laundering and cybersecurity programs, as revealed by NYDFS investigations.Superintendent […]
BlackRock CEO Larry Fink has continued his pivot towards cryptocurrency, expressing a bullish stance on tokenization as a means to eliminate corruption. In a recent interview with CNBC, Fink discussed the launch of BlackRock’s Bitcoin ETF and his evolving perception of Bitcoin as a viable asset class.Previously skeptical about Bitcoin, Fink now views it as […]
